Please do not give solution in image format thanku Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs toproducts:Activity Cost PoolSetting up batchesProcessing customer orders $ 73.20Assembling products$4.65Data concerning two products appear below:Activity Rate$59.96Number of batches 97Number of customer orders 47Number of assembly hours 501$11,586.17$5.816.12How much overhead cost would be assigned to Product K91B using the activity-based costing system? (Roundyour intermediate calculations and final answers to 2 decimal places.)$137.81per batchper customer orderper assembly hour$104.275.53Product K91B Product F6506861908

Activity-based costing (ABC) is a cost accounting method that precisely allocates costs to products…

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $59.96 Processing customer orders $ 73.20 Assembling products $4.65 Data concerning two products appear below: Number of batches 97 Number of customer orders 47 Number of assembly hours 501 $11,586.17 $5,816.12 per batch per customer order per assembly hour How much overhead cost would be assigned to Product K91B using the activity-based costing system? (Round your intermediate calculations and final answers to 2 decimal places.) $137.81 Product K91B Product F650 $104.275.53 68 61 908

Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $59.96 Processing customer orders $ 73.20 Assembling products $4.65 Data concerning two products appear below: Number of batches 97 Number of customer orders 47 Number of assembly hours 501 $11,586.17 $5,816.12 per batch per customer order per assembly hour How much overhead cost would be assigned to Product K91B using the activity-based costing system? (Round your intermediate calculations and final answers to 2 decimal places.) $137.81 Product K91B Product F650 $104.275.53 68 61 908

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 13MC: Activity-based costing systems: A. use a single predetermined overhead rate based on machine hours...

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Potterii sells its products to large box stores and recently added a retail line of products to sell directly to consumers. These estimates are to be used in determining the overhead allocation rate for ABC: What would be the predetermined rate for each cost pool?
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Senff Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pools Setting up batches Processing customer orders Assembling products Data concerning two products appear below: Number of batches Number of customer orders Number of assembly hours Activity Rate $ 82.25 per batch $ 73.65 per customer order $ 9.01 per assembly hour Product V91Z 76 21 493 Product V211 13 10 698 How much overhead cost would be assigned to Product V91Z using the activity-based costing system? (Round your intermediate calculations to 2 decimal places.)
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